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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: James A. Venooker who wrote (54844)	9/30/1998 12:08:00 AM
From: Jon Cave	Read Replies (1) \| Respond to of 61433

Comments from NT press report It seems that NT's data networking business and fiberoptics business is doing well. I was feeling a little nervous holding ASND until I read this: ''(The weakness is) being offset by tremendous growth in our business lists, broadband, fibre optic systems. Our switching business continues to do very well and our new data business is growing at a tremendous pace as well,'' Roth said. biz.yahoo.com

To: James A. Venooker who wrote (54844)	9/30/1998 12:20:00 AM
From: MMW	Read Replies (1) \| Respond to of 61433

"NT is a garbage company, the company reminds me of a recent Motorola, one step behind, and always playing catch up!" NT is not a garbage company. In fact, it is a great company as far as telecom and datacom concerned. It has both telecom and datacom product and is very well positioned. I have a great respect for them the same as for ASND, CSCO, and LU. The market temperate down turn does not mean the company is in trouble. I believe it will bounce back. I do not have position in it. May be it opens up entry point when it goes below $30. I have spent five years working for them (1987-1992). I like the company a lot. Cheers! Mike Wu